Ethic Inc. Buys 10,379 Shares of Johnson Controls International plc (NYSE:JCI)

Ethic Inc. increased its stake in Johnson Controls International plc (NYSE:JCI) by 10.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,175 shares of the company’s stock after purchasing an additional 10,379 shares during the period. Ethic Inc.’s holdings in Johnson Controls International were worth $8,538,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gilbert & Cook Inc. boosted its position in Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock valued at $510,000 after purchasing an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC grew its stake in shares of Johnson Controls International by 0.7% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock valued at $1,470,000 after buying an additional 127 shares in the last quarter. Graypoint LLC raised its position in Johnson Controls International by 4.1% during the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after acquiring an additional 130 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after acquiring an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after acquiring an additional 135 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $91.96 on Friday. The company’s 50-day moving average price is $80.63 and its two-hundred day moving average price is $81.57. Johnson Controls International plc has a 12 month low of $64.31 and a 12 month high of $92.41. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The firm has a market cap of $60.71 billion, a P/E ratio of 35.10, a P/E/G ratio of 1.96 and a beta of 1.28.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.05. The business had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Johnson Controls International’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 EPS. On average, analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.61%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Transactions at Johnson Controls International

In other news, CFO Marc Vandiepenbeeck sold 28,289 shares of the stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $90.92, for a total value of $2,572,035.88. Following the completion of the sale, the chief financial officer now owns 147,673 shares of the company’s stock, valued at approximately $13,426,429.16. This represents a 16.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $89.07, for a total value of $18,274,313.76. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $112,275,139.89. This represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 728,458 shares of company stock worth $62,293,059. Company insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price target on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Vertical Research upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research note on Thursday. Melius cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Royal Bank of Canada raised their target price on shares of Johnson Controls International from $82.00 to $98.00 and gave the stock a “sector perform” rating in a research note on Thursday. Finally, Oppenheimer lifted their target price on shares of Johnson Controls International from $90.00 to $96.00 and gave the stock an “outperform” rating in a report on Thursday. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $92.94.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.